STR: 2022 U.S. Hotel Performance Data Shows Highest ADR and RevPAR Year on Record
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported average daily rate (ADR) and revenue per available room (RevPAR) that were the highest for any year on record, according to 2022 data from STR. 2022 U.S. Hotel Performance Percentage change from 2019: Occupancy: 62.7 percent (down 4.9 percent) ADR: $148.83 (up 13.6 percent) RevPAR: $93.27 (up 8.1 percent) Despite climbing back above the 60 percent mark, the country’s occupancy level remained below the pre-pandemic comparable. Among the Top […]
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